Updated Sep 23, 2026
Ambrose Property Group LLC Sells Industrial Building In Whitestown IN For $37.6M
5163 Perry Worth Road
$37,600,000
$161/SF
Building Size
233,348 SF
Asset Type
Industrial
Closing
Sep 22, 2026
About this deal
AI
An industrial building located at 5163 Perry Worth Road in Whitestown, IN, has been sold for $37.6 million. The property spans 233,348 square feet, resulting in a price per square foot of $161. It is a fully leased facility, occupied by Cardinal Health, and was opened in 2025. The property also has a $26.8 million construction loan from Horizon Bank.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $37,600,000
- Sale Date: 09/22/2026
- Address: 5163 Perry Worth Road
- Market: Whitestown, IN
- Square Footage: 233,348
- Price Per Square Foot: $161
- Seller: Ambrose Property Group LLC
- Brokers: Zachary Graham & Ryan Bain - CBRE
Ambrose Property Group LLC was the seller in this transaction, while Zachary Graham and Ryan Bain from CBRE represented the seller in the deal, facilitating the sale process.
On the Map
$37,600,000
$161/SF
Industrial
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Players
Whitestown Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.42%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93